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Search Results 0 to 49 of about 213 (some duplicates have been removed)
KCSMMHZ
Nov 15, 2012 6:00am PST
transition. president barack obama's administration has watched the chinese economy and military grow and has promised to take a tough stance with china on trade and other economic matters. the obama administration has also closely monitored china's disputes with japan and southeast asian nations over the islands in the east and south china seas. senior officials have refused to take sides. the president announced a year ago he will shift his country's focus to the asia-pacific region. he will have a chance to talk more about that plan over the weekend. obama will begin a four-day tour of southeast asia on saturday. he will be visiting thailand and myanmar and will attend the east asia summit in cambodia. the president promised during his re-election campaign to put more pressure on china to make it meet basic international standards with respect to trade. but analysts say despite his plans the world's top economies are tightly woven together and that interactions will continue. >>> the south korean government welcomed china's new leadership. >> translator: we hope our relationship with c
CSPAN
Nov 15, 2012 6:00am EST
our economy, which we all claim to agree on, but there's certainly different proposals to do that. with that, i want to thank everybody for joining us here today, including our new congressman-elect, first one, you're going to mark that as one of your high points of your congressional career, being the first one here as well. but thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> on "washington journal" this morning, we'll be joined by republican representative ron paul of texas, it a member of the foreign affairs committeeful he'll take your questions about today's hearing on the attack on the u.s. consulate in libya. you'll hear about the fiscal cliff from independent senator bernie sanders of vermont, a member of the budget committee. also, the kaiser family foundation will look at friday's deadline for states to establish health insurance exchanges under the affordable care act. "washington journal" is live on c-span every day at 7:00 a.m. eastern. the senate armed services committee holds a hearing th
KCSMMHZ
Nov 15, 2012 2:30pm PST
back in recession. >> new figures show the eurozon+ economy shrank by 0.1%, the second consecutive drop in output. >> there was some positive news, though -- germany's economy weakened less than many had feared. like france, it just managed to eke out some growth. >> elsewhere in the picture, it was anything but rosy. >> people in southern europe have struggled with years of the zero economic growth -- spain, italy, portugal, and greece have seen rising unemployment and chronic budget shortfalls, but now, economic growth is also slowing in northern europe's industrial economies. in europe's biggest economy, germany, third quarter gdp growth came in at just 0.2%. it was the same figure in france, though analysts had been expecting even weaker numbers. in the netherlands, the economy contracted in the third quarter. one reason is more and more consumers are cutting back on their spending, fearing tough times ahead. another reason is that businesses are also scaling back. manufacturers also anticipate weaker demand from struggling eurozone partners. >> news of the recession did not pu
PBS
Nov 14, 2012 7:00pm PST
brinkmanship lead to business decisions that push us into a difficult first quarter in terms of the economy next year. so this is almost a situation where you can't hope for or root for any outcome. you have to let it play out and assess what its impact on the economy can be. but the risks right now are to the downside. the sad thing is that as we speak, the economy is actually doing pretty well. >> susie: that's good to hear. as you know, a number of very high-profile c.e.o.s are meeting with the president at the white house today, the c.e.o.s from companies like ibm and xerox and general electric. how much sway do you think these c.e.o.s have over the president? >> if he is smart, he'll listen to them. but that is not the constituenconstituency will eled him. the coalition that elected him supports his hard line on taxes as a percentage of the total package, and he has an obligation -- incidentally, i think an ideological belief that he has to go that way, and that's -- i think that raises the odds of a difficult -- a very difficult period here politically. and while he loyc listens to th
WETA
Nov 15, 2012 6:30pm EST
-a-decade leadership change just as the chinese economy faces pressure from outside and in. >> susie: and the fiscal cliff isn't the only uncertainty for c.e.o.s. the future of financial regulations with the c.e.o. of florida-based bank united. >> tom: that and more tonight on nbr! $4.5 billion and guilty pleas to charges of manslaughter and lying to congress. that was the admission today from b.p. two and a half years after the "deepwater horizon" disaster in the gulf of mexico. that disaster killed 11 people and led to the worst oil spill in u.s. history. in its guilty plea, b.p. said it deeply regrets the loss of life and almost five million barrels of oil that into the gulf. darren gersh reports. >> reporter: justice department officials hope today's settlement and criminal pleas will bring justice to the families of the men who died when the "deepwater horizon" exploded. >> perhaps the greatest tragedy is that the deaths of the 11 men on board the "deepwater horizon" could have been avoided. the explosion of the rig was a disaster that r'sb.tetu cp.f ul b.p.'s culture of privile
FOX Business
Nov 14, 2012 8:00pm EST
forcing us. neil: less growth now than in 2 years ago when he wanted to extend it because the economy was too iffy. >> great point, you want to slow it down more. neil: he does not see it that way. >> you know, economics is not his strong point, it has never been, he probably never took the classes. >> but what happens? did he lay it town today? is that why markets got spooked. not only is he sticking to his tax hike, but he spelled it out there has to be a rate hike, i'm not going for a limited deduction. >> traders are smart, how many more times are you going to brent money, bernanke is out of the game, right now have you growth through economy growth, if you want earnings to grow, you need economy growth, if the president is going to destimulate the economy, which is what he is doing with a tax increase, just over fairness. you know, i never called president obama a socialist, i have been on shows that people made me say this, but think about what he does, he is saying i don't care about the economy or unemployment, i just want to achieve my overall aim, that is to expand the size
FOX Business
Nov 14, 2012 11:00pm EST
, bernanke is out of the game, right now have you growth through economy growth, if you want earnings to grow, you need economy growth, if the president is going to destimulate the economy, which is what he is doing with a tax increase, just over fairness. you know, i never called president obama a socialist, i have been on shows that people made me say this, but think about what he does, he is saying i don't care about the economy or unemployment, i just want to achieve my overall aim, that is to expand the size of government. neil: we know he is putting much more emphasis, his idea of a planned approach on revenues than on spending. progressive i talk to does not matter. they talk about waste, fraud and abuse program, as far as they go. >> they are so tunnel vision, they think that bill clinton raised taxes and automatically the economy to off, that did not happen. neil i know the gardener of the white house, their thinking is, wall street hates us, so woot has done great since we came into offers. >> that is not wall street. neil: and gardner knows, and said, look they can bitch all they w
CNBC
Nov 14, 2012 7:00pm EST
according to economists, will have the least positive impact on our economy. >> all right. i don't know about you, but to me, that sounds like a fairly staunch and unwavering position. and yet, the president did insist he's staying open to new ideas. take a listen to this one. >> i am open to new ideas, if the republican counterparts or some democrats have a great idea for us to raise revenue, maintain progressivity, make sure the middle class isn't getting hit, reduces our deficit, encourages growth, i'm not going to just slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> all right. now, that second one -- that second one was pretty good, if you ask me. and again, i'm trying to be optimistic about tax reform rather than higher tax rates that will damage economic incentives. but does this really sound like somebody who's ready to make a deal? that's a big question. here now is cnbc contributor keith bicycoykin, and david web radio talk show host and co-founder of tea party 365. steve, did the president sound like he was ready to do business with
CNBC
Nov 15, 2012 4:00am EST
head of the communist party. we'll be in frankfurt for a look at how that economy has been affected. gdp showing a slowdown for germany in the third quarter. and we'll hear from the former head of the council of economic advisers austan goolsbee on how the u.s. can avoid falling off the fiscal cliff. plus we'll take you live to tokyo with japan hit by election fever. the yen is falling as a repeated call for bold monetary easing. and we'll be live in new york 5:45 a.m. for a look at the u.s. retail sector. walmart and target getting set to release third quarter numbers. >>> chig that's ruling com uhe nus party has lifted the curtain. the unveiling seals so s xi jins rise. hu has seeded oig all powers and that's gives china's next leader a strong mandate. eunice has more for us this morning. it sounds like a pretty signature consolidation of power under xi. >> definitely is a consolidation of power. he'll get a very strong mandate as you had mentioned to run this country the way that he wants. he gets the three top titles, the most powerful are party chief, president as well as milit
CSPAN
Nov 15, 2012 1:00am EST
, fewer than 20 ceos. if we want our economy to flourish and grow we must live up women's leadership. very important. women in the academic world, in health care, any subject you can name. is more successful, more efficient with the involvement of women. when women came to the polls last week, they registered their support for those who understood the challenges that women face. it is really a remarkable thing. under the leadership of the women standing here, the voices of america as mothers, daughters, and grandmothers will be heard. women are the bread winners for our families. in many cases, the small business owners in our communities. and the workers that will spur our prosperity. they're holding jobs of the office, creating jobs as entrepreneurs and owners. we keep our focus on women's rights and health, equal pay, choice, we also know that women are focused on the same issues all of us are -- the economy, jobs, the future of the middle- class and the national security of our country. they are concerned about fiscal soundness for america because they think about the future. as
WHUT
Nov 15, 2012 7:30am EST
strengthened in recent years. north korea wants to rebuild its economy with china's kropsi cooperation. attention is focused on when kim will schedule talks with the new leaders. >>> the eurozone economic shrank from july to september compared to the previous three months. this is a decline for the second quarter in a row. this also means the common currency block slid into a recession. the european union's data office released the preliminary figure of gross domestic product for the third quarter of this year. it fell 0.1% from the previous three months. among the 17 nations in the eurozone, portugal's gdp fell 0.8%, spain slumped 0.3%. germany and france, the strongest economies within the eurozone, both posted a 0.2% growth in the third quarter, but compared to a year earlier, the greek economy was down 7.2% in the quarter. >>> let's check on the markets. european shares are lower as the eurozone economy has gone back into recession. london shares down about 0.3%. frankfurt, the dax index declining almost 0.5%, and the cac 40 in paris declining by 0.5%. meanwhile, share prices acros
CSPAN
Nov 14, 2012 8:00pm EST
. right now, our economy is still recovering from a very deep and damaging crisis. so our top priority has to be jobs and growth. we've got to build on the progress that we've made. because this nation succeeds when we've got a growing, thriving middle class. and that's the idea at the core of the plan that i talked about on the campaign trail over the last year, rewarding manufacturers and small businesses that create jobs here, not overseas, providing more americans the chance to earn skills that businesses are looking for right now. keeping this country at the forefront of research, technology, and clean energy, putting people back to work rebuilding roads, bridges and schools and reducing our deficit in a balanced and responsible way. on this last item, we face a very clear deadline. that requires us to make some big decisions on jobs, taxes, and deficits by the end of the year. both parties voted to set this deadline. and i believe that both parties can work together to make these decisions in a balanced and responsible way. to meet with labor and civic leaders for their input. today
CNBC
Nov 15, 2012 3:00pm EST
cliff and longer-run fiscal issues. i think if we do that, the economy can boom. >> i'm hoping to use a phrase i've heard recently, that everybody can rise above the politics that we see here all the time. >> if the guys in washington don't get together and actually act like grown-ups, we're in big trouble. >>> hi, everybody. time to rise above and keep the country from enduring a self-inflicted crisis. we're here today. i'm maria bartiromo coming to you live from the schwab impact conference in chicago. welcome to the "closing bell." we enter the final stretch for the markets today. everybody here is focused on the fiscal cliff. coming up, i will talk to allen simpson and erskine bowles in an interview you cannot afford to miss. hope you join us 4:00 p.m. eastern. the co-founders of the fix the debt campaign, which many corporate leaders are backing. they'll tell us how they think washington can come together and reach a deal, bill. >> sure would be great to figure that out. maria, looking forward to that. i'm bill griffeth here at the new york stock exchange. markets continue to
PBS
Nov 14, 2012 7:00pm PST
world's second-largest economy into the future. a complex and secretive political process will soon come to a conclusion. in a couple of hours, the communist party's new leaders will walk onto a stage in beijing and appear before the media. vice president xi jinping will likely be at the front of the line. he's expected to succeed president hu jintao as the party's general secretary. the party wrapped up its week-long national congress wednesday. the meeting is held every five years. delegates elected new members for the central committee. those members will meet thursday to choose the lineup for the party's political bureau and the core group of leaders who sit on the elite politburo committee. president hu, premier wen jiabao, and five members will retire. vice president show gin being and others are expected to remain and be joined by a new generation of leaders. analysts say xi will take over from hu as the president's general pear. president hu has held the position for tennessee years. >> translator: all party members should unite under the party leadership and with chinese ch
WETA
Nov 15, 2012 6:00pm EST
, the year as an economy has seen a second successive quarter of contracting output. between july and september, there was a fall of 0.1% in overall economic activity. more problems for the euro zone political leadership as they try to chart a course for the single currency. the german finance minister speaking at a business conference said the challenges ahead could be addressed. >> investors cannot ignore europe as the largest economic zone in the long run. or leave it out of their economic considerations. the world needs a strong europe. >> weaker economies brought down the performance of the euro zone. italian output fell by 0.2%. spain and saw the decline of 0.3. france and germany, both registered 0.2% increases. those two major economies could struggle to keep up the momentum. greece has been in recession since 2007. the combination of that and the austerity program provoking protests. a german diplomat was jostled as workers amassed outside a meeting of the german and greek officials. the euro zone economic downturn will not do anything to ease tensions. >> after a week of sec
Current
Nov 14, 2012 5:00pm PST
economy were dropping off the so-called fiscal cliff which one of our guest tonight more aptly calls the austerity bomb. >> pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. we should not hold the middle class hostage while we debate tax cuts for the wealthy. we should at least do what we agree on, and that's to keep the middle class taxes low. >> eliot: the president also emphasized what he would not do a sending time to make a tax deal with house republicans. >> obama: what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> eliot: mr. obama also waded into the scandal that saw general david petraeus step down as director of the c.i.a. he offered assurances that damage from petraeus' affair was at least so far confined to the general and his family, and offered some words of support. >> obama: i have no evidence at this point from what i've seen that classified information was disclosed that in any way w
MSNBC
Nov 15, 2012 4:00pm EST
get in debt, like that's the biggest problem in the economy? it's crazy. >> there's also an irony here, too, because mitt romney represents the forces within our society who get, if you want to call them gifts, the most gifts. the defense industry, he was prepared to say he will increase the deficit to give you more. the elderly who mainly voted for mitt romney, if you want to look at the apportionment of government spending, get a far disproportionate share. most of the quote, unquote gift if you want to call it that, they're mostly going to the people who voted for mitt romney, red states who are basket cases, wards of the blue states. >> we're not against that. >> jared, final word to you. >> from the very beginning, it always looked to me like mitt romney and his minions looked down at the american economy and decided rich people don't have enough, and i just think that's not the economic analysis that's going to move this country forward. >> absolutely. >> and i'll bet he wasn't saying that when the olympics were asking for gifts from the federal government. >> of course not,
CSPAN
Nov 15, 2012 10:00am EST
fiscal cliff. tony writes, we're going to have to go over the fiscal cliff and see the economy gumbel before the majority of the people -- crumble before the majority of the people realize how much trouble we are in. i have end-stage renal failure and on medicare and receive disability each month. i do dialysis three times a week. that said, i will willingly and gladly take reduction in my benefits if it means we can reduce our deficit. i have two young nieces, and i'm looking out for their financial future. in fact, if i knew that taking away all of my benefits would get rid of our debt, i'd do that today. mr. president, hear tony's plea. don't take us over the fiscal cliff. tony and his nieces need you to lead. they need it now. i yield back. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from illinois, mr. gutierrez, for five minutes. mr. gutierrez: mr. speaker, i'm here today to make an introduction. i'd like the republican party to meet america's latinos. it's hard to meet us all at once. there are more than 53 million of us. but let
MSNBC
Nov 14, 2012 8:00pm EST
the economy? the president is open to compromise, but he's not going to give away the store, not this year. he learned his lessons back in the lame duck session of congress, 2011. so today he openly rejected the mitt romney, john boehner solution for tax reform. >> what i will not do is to have a process that is vague, that says we're going to sort of, kind of raise revenue through dynamic scoring or closing loopholes that have not been identified. and the reason i won't do that is because i don't want to find ourselves in a position six months from now or a year from now, where lo and behold, the only way to close the deficit is to sock it to middle class families. >> now, that is the classiest way i have ever seen anybody say, you know what, somebody's got to pick up the bar tab, boys. this is what president obama ran against in the presidential election. mitt romney's approach to tax reform was, trust me. the american public wanted specifics. and president obama continued to give specifics today, but the economy wasn't the only thing on the president's mind today. earlier in t
CNBC
Nov 15, 2012 12:00pm EST
grow the economy. some of it's politics of course. you've got leadership in the republican party and the democratic party that are watching their left and right flanks but ultimately i do think that there has been a lot of talk here in recent days in very careful language by both sides that will allow them to come together, avert the cliff, avert the see quester and do the grand bargain that was talked about last year sometime late next spring with entitlement reform and with tax reform. even republicans, there's lots of stirring among republicans about a recognition of a need for revenue, figuring out a pathway to get there without raising tax rates. we'll see if the president goes along with that. he's pretty rarely used raising tax rates. he has talked about raising revenue. those are two very different things as we know. >> how about that, julian. should democrats be happy if they get the revenue raised? does it matter where it comes from at the end of the day? >> i think mathematically it's very difficult unless you go back to the bush tax cut. the whole idea of the sledge h
FOX News
Nov 15, 2012 1:00pm PST
hikes in perspective with regards to not hurting the economy as much. it is when we are slowing that this really hurts. >> well, i think wall street isn't buying this infomercial. judging from had today's losses and 700 points worth since the election either they want that money back guarantee or they don't want the money, period. >> i think that's it. i think they don't want the money, period. i think they want simplicity. i think they want cuts on the tax rates. but maybe an elimination of loopholes. things to sim plaw fight the code and -- simplify the code and make it clear that all of the money will be taken away and spent in other places that again the government says they know better about. so that is really the issue here. we aren't seeing any clarity on. >> have you been a wonderful contestant. thank you as always. >> accept my parting gifts, thank you. >> will this number though stop this one? the first number is how many people were lining up last week for first time jobless benefits? 439,000, well above estimates. hurricane sandy blamed for a bulk of it. it shows the whic
FOX Business
Nov 14, 2012 9:00pm EST
our economy, or there wouldn't be any economy to worry about. as the president spoke today, the markets took a dive down 185 points. the dow jones is down nearly 700 points in the last six trading days since president obama was reelected. the nasdaq in a correction of nearly two thirds of the market also and correction teitory. it down more than 10% from recent highs. the markets seem to think that we have had over the fiscal cliff. what did people haveo say to have the pow to stop it? let's ask republican congressman tim huelskamp. welcome to the show, congressman. we definitely want to talk to you about the president's speech today. he said he is ready for compromise. here is the president. >> i am open to compromise and i'm open to new ideas. i have been encouraged over the past week your republican after republican to agree on the need for more revenue from the wealthiest americans as part of our arithmetic if we are going to be serious about reducing the deficit. gerri: president says he is ready to compromise. >> he is always talking about that you to 3%, and many those ar
MSNBC
Nov 15, 2012 10:00am EST
. looking at the economy, things are not recovering as fast as people would like. looking at europe. the stock market dropped. in recent days everybody knows there's a real urgency to avoiding the fiscal cliff and doing something. i don't think the solution will necessarily be raising taxes on the top brackets. it seems like the loopholes are going to play a big role. capital gains, things like that. there may be an issue where they really go toe-to-toe on the tax rates and maybe there's wiggle room in the other areas. definitely an urgency to resolve this and set up the idea of overall tax reform in the coming years. >> standby, if you could. i want to bring in sheila jackson lee. so we were just talking about that with susan. would you be comfortable with the fiscal cliff that kept the rates the same but limited their deductions. >> you know, my main focus would be to ensure that the middle class are restored. in order to do that we cannot allow the bush tax cuts to continue. we must focus on saving medicare and social security. tax reform raises many proposals. the question of rates.
CNBC
Nov 15, 2012 4:00pm EST
don't need it. >> the issue there is we are not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. there are ways to put revenue on the table without increasing tax rates. >> what's your reaction? >> i'm actually more hopeful than al is. >> you used to be more depressed. what's gotn n tten to you? >> i spent the last few days here. i am more hopeful. we got a democrat president who's in his second term, who's been willing to put entitlement programs on the line. we got a speaker, a republican, who really gets it, who understands that we have to have some decisi additional revenue. we have over half a senate who have embraced a balanced plan like we've proposed. and we've got this fiscal cliff, which will force action. i think they are pretty pitch saying the same thing. both of them are saying we have to have revenue. the president says, look, i want that revenue to be real. the only way i don't know fknow real for sure it to raise the tax rate. the speaker is saying there's a better way to do it. that's by reducing the spending
PBS
Nov 14, 2012 6:30pm PST
. spain's economy is set to shrink by another 1.5% this year. there were similar scenes in several metro stations where hundreds of protesters face rows of officers. metro services have been largely suspended, and only 20% of long- distance trains are running. schools and many shops are also shut down. spain's general workers union says the nationwide stoppage is being observed by nearly all workers in the automobile, energy, shipbuilding, and construction industries. >> they are taking all our rights away -- all our rights. the banks and other business people are bringing us onto the streets. they are stealing our salaries. we do not have any rights anymore. >> hundreds of flights have been canceled across europe. in the portuguese capital, lisbon, many face long waits with nearly half of all flights canceled. >> we arrived at 9:00 in the morning, and we have to wait until 9:00 in the evening. public transport is not working, either, so we are stuck. it is a shame. >> access to ferry service has also been blocked. >> we are witnessing the biggest strike portugal has ever seen. it
FOX Business
Nov 14, 2012 7:00pm EST
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ lou: president obama today meeting with some of the country's top business leaders. will a second term be more friendly to corporate america? carl's jr. and hardee's ceo giving us his perspective here in just a moment. in the moneyline tonight, president obama made it clear that the fiscal cliff could be avoided if he gets more taxpayer money. and investors choking on the president's words. investors reacting to that declaration by accelerating a sell-off in stocks as the president's talked. by the close the dollar plunged 185 points. s&p had lost 19, nasdaq down 37. in active trading, volume off to 4 billion shares today. of the past six trading sessions since the president won reelection. the dow has fallen 6705. it lost
CNN
Nov 15, 2012 5:00am EST
positive impact on our economy. >> the president also coming to the defense of susan rice, the u.s. ambassador to the united nations, who just a few days after the attack as you recall said violence on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. two top-ranking republicans are vowing to block rice's nomination if she is picked to be the next secretary of state. the president firing back with a rare flash of anger. >> senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian, live from washington this morning. it's really nice to see you, dan. >> good to see you. >> let's first talk about the fiscal cliff. the president said we could see a deal by next week. that may hinge on this issue with taxes. how are republicans responding to the president's remarks? >> well, you know, first of all, there does seem a willingness by republicans to find areas of agreement, to reach a compromise. but they are pushing back on the president's plan because they don't believe
CSPAN
Nov 15, 2012 6:00am EST
come out of this tailspin the european economy seems to be in? >> first of all, let me express my gratitude for this invitation. i'm very pleased to be here. thank you very much. and good morning, all of you. in europe, several hours seems very important, pleased to resolve. but personally i consider there's a lot of competition between policies. given the history of the euro, single currency, if that's the case, was combination of flexibility one hand, and discipline on the other and. as you combined both, the results are good difficult is that you forget that discipline, you have a problem. you eliminate flexibility. and now the moment is how it's possible to recover growth. i think that growth is a consequence not exactly of the economic cycle. not exactly of automatic decision, is question of good resilience and good policy. and good policy is difficult. bad policies, differences, good and bad economics. must recover in europe at least three key questions. discipline, fiscal discipline to second, to create a financial union, and second, to start a serious agenda over agenda fo
CSPAN
Nov 15, 2012 1:00pm EST
that trade has for our economy and for our place in the world, either bilateral agreements, multilateral commitments, you were always there to make sure that we moved forward in that and i really thank you and i do rise in support today of this rule and h.r. 6156, to grant permanent normal trade relations to russia. . this important legislation is a small step towards a big reward. without it the united states exporters and service providers will continue to lose business to our foreign competitors that have already have trade relations -- relationships with russia. and once we lose those markets, our competitors will only become stronger and better positioned to surpass the u.s. in a critical marketplace of the 21st century global economy. according to the national association of manufacturers, russia imported over $500 billion in goods last year, and of that total only 5% came from u.s. exports. this bill will lift outdated policies and restrict american access to russian markets. as a result studies show u.s. producers can expect to achieve double-digit increases over th
SFGTV2
Nov 14, 2012 8:00pm PST
, recognize that perhaps it is i little difficult time for not only the economy in general, but for the small business owners. it is not my intent to ever totally wave a penalty, based upon the law and program, but i... maybe for thanksgiving, i am willing to reduce it the penalty. i would like to reduce it to 15 days. >> i am a little torn too because there was an infraction and i think that there needs to be some penalty for that. i also know that this is their livelihood and i would be enclined to go lower, 10 days. 14 days, is that? would you do 15. >> i said 15. >> then, i am okay with that. >> thinking about work weeks. just state for the record, on principle, i believe that 25 days is an appropriate penalty. i understand that it is the first time offense, and that the department has up to imposed up to 90 days. selling to minors is a problem. and i think that my understanding is that the type of enforcement has been actually effective in deterring this type of conduct. notwithstanding the fact that i do agree that it is difficult for a small business owners to manage suspensi
FOX Business
Nov 15, 2012 3:00pm EST
rebuilding the northeast after hurricanes any spur the economy? a short time ago president obama got a look at the total devastation superstorm sandy left in new york and made an announcement. this man on your screen, shaun donovan named him house secretary, named house secretary, the point person on the federal level for the rebuilding effort so shaun donovan gets all the complaints and phone calls but at least there is somebody who is the point person and this moment and we are watching the cost of the cleanup continuing to mount along with the displaced debris, piling high, it is two stories high at one location in queens, new york. liz macdonald was right there in queens. liz: that is right. this normally is a beach area. now is a mile and a half, temporary but new and stunning landfill with some really shocking images of debris from 11 or 12 pounds in the ariane and the business district ending up here. looking in the distance using lawn chairs and photo albums and santa claus statues, christmas toys, children's toys, children's car seats. of truly heartbreaking scene out he
FOX Business
Nov 15, 2012 6:00pm EST
. he has a hard position to be in because back when we were having that debate he told us the economy could not handle that kind of takes a crack alfa. in the third quarter of that year we were growing the economy this past quarter we have grown. they are growing at the slower pace, but now the president wants to tell a citizen of "cover your assets" for a tax hike. it doesn't make sense to the average american. gerri: the politics. i think you make a good point about whether or not this is a good time to raise taxes, but here is the real problem that i seek when you tell me if you agree. we don't really have a revenue problem. i don't know if you collected revenues, they're going. almost back to pre recession levels, almost back to the boom levels. so why do we have to raise taxes? >> right. you hit it on the head. we don't have a revenue problem. we have an overspending problem. the deficit we have today is caused by the fact that we are continually spending far more than we taken in texas. the left likes to claim that we are under taxed because we have the least number of revenues
PBS
Nov 14, 2012 4:00pm PST
for the second time in three years. unemployment is still going out. the economy is weakening, yet further tax increases are in the pipeline. >> there were protests in at least six european countries today. much of the transport was shut down in a country where unemployment is nearly 26%. in portugal there was a general strike. in greece, protesters cried, and enough is enough. the economy has shrunk 23%. >> they have to a pay attention to the social dimension in europe. at the same time, they have to be a bit more social. they have to be a bit more gentle, but i think they should not step away from austerity measures. >> the stories of hardship and tragedy are increasing. a few days ago, a woman in northern spain committed suicide after being ejected by her home. these protesters are camping, and demanding this be stopped. people are sick of this, he said. sooner or later, it is going to explode. at times in recent weeks, it has seemed as though the eurozone crisis was weakening, but the real economy is worsening, and the frustration is available and s visible on spanish streets.
FOX Business
Nov 15, 2012 11:00am EST
expire? >> if we are going to spend all this money then yes. taxes are less damaging to the economy than the deficits that replace them but the real problem is spending. the reason taxes have to go up is the government is spending so much money so if your taxes go up in your upset then stop voting -- [talking over each other] dagen: so much spending is built in to our future. medicare for example is 13.5% of government spending as it is. are we destined for much higher taxes? forget high tax rates close to 40%, let's start talking about 60% because we are never going to cut the government spending because we have become addicted to it. >> we are going to pay the tax one way or another either legitimately or we are going to pay through inflation because they're not going to and the integrity to raise taxes, they will crank up the printing presses and take our purchasing power, not our money so prices will go through the roof and the increase in the price of everything you have to buy will be another tax in disguise. we need to cut medicare and social security, not in the future, we n
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